RVSBNasdaqSavings Institution, Federally CharteredFiscal year ends March 31
RIVERVIEW BANCORP INC
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$6.00+0.01 (+0.17%)
Close on Oct 19, 2026
- Market cap
- $122.24M
- P/E (TTM)
- –
- Dividend yield
- 1.33%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
65.6%
13M of 20M shares
Institutional holders
88
20 new, 16 sold out
Net institutional buying
-1M
In Q2 2026
Insider trades, 12 months
23 buys · 3 sales
Net bought $75.35K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Nierenberg David | 2,095,910 | 9.99% | 13D (active) amendment | Jul 14, 2025 |
| David Nierenberg | 1,884,292 | 9.00% | 13D (active) amendment | Jun 5, 2025 |
| Dimensional Fund Advisors LP | 1,454,830 | 6.90% | 13G (passive) amendment | Dec 29, 2023 |
| BlackRock Portfolio Management LLC | 1,406,272 | 6.70% | 13G (passive) | Mar 31, 2025 |
| Manulife Investment Management (US) LLC | 1,062,090 | 5.24% | 13G (passive) amendment | Jun 30, 2026 |
| Vanguard Capital Management | 1,041,881 | 5.03% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of RVSB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Nierenberg Investment Management Company, Inc. | 2,032,775 | 10.19% | $11.04M | – | 5.48% |
| Dimensional Fund Advisors LP | 1,341,963 | 6.73% | $7.29M | +5,943 | 0.00% |
| BlackRock, Inc. | 1,296,799 | 6.50% | $7.04M | −1,080,369 | 0.00% |
| Manufacturers Life Insurance Company, The | 1,062,090 | 5.32% | $5.77M | −14,360 | 0.00% |
| Vanguard Capital Management LLC | 883,074 | 4.43% | $4.80M | −7,743 | 0.00% |
| Ameriprise Financial Inc | 878,059 | 4.40% | $4.77M | −10,594 | 0.00% |
| Pacific Ridge Capital Partners, LLC | 749,544 | 3.76% | $4.07M | −5,811 | 0.74% |
| Arrowstreet Capital, Limited Partnership | 555,402 | 2.78% | $3.02M | −22,698 | 0.00% |
| Essex Investment Management Co LLC | 373,534 | 1.87% | $2.03M | −16,761 | 0.27% |
| Renaissance Technologies LLC | 350,030 | 1.75% | $1.90M | +30,823 | 0.00% |
| Millennium Management LLC | 276,763 | 1.39% | $1.50M | New | 0.00% |
| Bridgeway Capital Management, LLC | 275,199 | 1.38% | $1.49M | – | 0.03% |
| Geode Capital Management, LLC | 228,970 | 1.15% | $1.24M | −229,053 | 0.00% |
| Acadian Asset Management LLC | 228,777 | 1.15% | $1.24K | −53,316 | 0.00% |
| Jane Street Group, LLC | 193,765 | 0.97% | $1.05M | New | 0.00% |
| Fourthstone LLC | 169,041 | 0.85% | $917.89K | New | 0.65% |
| Goldman Sachs Group Inc | 146,469 | 0.73% | $795.33K | −58,908 | 0.00% |
| Empowered Funds, LLC | 128,293 | 0.64% | $696.63K | – | 0.00% |
| Vanguard Fiduciary Trust Co | 127,191 | 0.64% | $690.65K | −25,333 | 0.00% |
| Legato Capital Management LLC | 125,912 | 0.63% | $683.70K | +3,724 | 0.06% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 88 | 13M | 65.6% | 20 / 25 | 28 / 16 | 1M | 2M |
| Q1 2026 | 86 | 14M | 71.1% | 14 / 24 | 28 / 14 | 2M | 1M |
| Q4 2025 | 88 | 14M | 71.2% | 6 / 33 | 29 / 11 | 0M | 1M |
| Q3 2025 | 93 | 15M | 73.5% | 24 / 32 | 19 / 7 | 1M | 2M |
| Q2 2025 | 76 | 15M | 77.1% | 40 / 18 | 8 / 6 | 4M | 3M |
| Q1 2025 | 42 | 14M | 70.5% | 1 / 13 | 14 / 2 | 1M | 1M |
| Q4 2024 | 44 | 14M | 69.7% | 3 / 17 | 8 / 2 | 0M | 0M |
| Q3 2024 | 43 | 14M | 69.8% | 4 / 9 | 11 / 8 | 2M | 0M |
| Q2 2024 | 48 | 14M | 67.9% | 7 / 6 | 20 / 5 | 0M | 1M |
| Q1 2024 | 46 | 14M | 69.3% | 1 / 13 | 19 / 8 | 1M | 0M |
| Q4 2023 | 53 | 14M | 68.5% | 5 / 17 | 12 / 4 | 1M | 1M |
| Q3 2023 | 52 | 13M | 67.4% | 6 / 12 | 15 / 9 | 1M | 1M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of RVSB | Value | % of fund | As of |
|---|---|---|---|---|---|
| Columbia Small Cap Value Discovery Fund | 658,604 | 3.30% | $3.49M | 0.14% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 614,975 | 3.08% | $3.34M | 0.00% | Jun 30, 2026 |
| Regional Bank Fund | 564,643 | 2.83% | $2.99M | 0.31% | Jul 31, 2026 |
| Adara Smaller Companies Fund | 295,120 | 1.48% | $1.66M | 0.20% | May 31, 2026 |
| U.S. Small Cap Value Portfolio | 280,795 | 1.41% | $1.49M | 0.01% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 258,129 | 1.29% | $1.40M | 0.00% | Jun 30, 2026 |
| U.S. Targeted Value Portfolio | 201,313 | 1.01% | $1.07M | 0.01% | Jul 31, 2026 |
| BlackRock Advantage Small Cap Core Fund | 190,258 | 0.95% | $1.07M | 0.02% | May 29, 2026 |
| Dimensional U.S. Targeted Value ETF | 155,158 | 0.78% | $822.34K | 0.01% | Jul 31, 2026 |
| EA Bridgeway Omni Small-Cap Value ETF | 128,293 | 0.64% | $696.63K | 0.03% | Jun 30, 2026 |
| Columbia Variable Portfolio - Small Cap Value Discovery Fund | 123,580 | 0.62% | $671.04K | 0.15% | Jun 30, 2026 |
| Omni Small-Cap Value Fund | 119,500 | 0.60% | $648.89K | 0.05% | Jun 30, 2026 |
| Dimensional US Small Cap Value ETF | 113,125 | 0.57% | $599.56K | 0.01% | Jul 31, 2026 |
| Vanguard Russell 2000 Index Fund | 103,130 | 0.52% | $578.56K | 0.00% | May 31, 2026 |
| Avantis U.S. Small Cap Value ETF | 97,669 | 0.49% | $547.92K | 0.00% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Nicole Sherman | President/CEO, Director | 166,858 | 0.84% | Sep 17, 2026 |
| Breanne D. Antich | Chief Technology Officer/EVP | 3,727 | 0.02% | Sep 25, 2026 |
| Charmaine Lightheart | EVP/CRDEO | 9,311 | 0.05% | Sep 17, 2026 |
| Robert Benke | EVP/CCO | 54,303 | 0.27% | Aug 24, 2026 |
| David Lam | EVP/CFO | 82,805 | 0.41% | Aug 18, 2026 |
| Daniel D. Cox | EVP/COO | 77,968 | 0.39% | May 5, 2026 |
| Michael Sventek | EVP/CLO | 12,817 | 0.06% | Dec 8, 2025 |
| Courtney Evan Sowers | PRESIDENT/CEO - TRUST CO. | 34,025 | 0.17% | Dec 8, 2025 |
| Bessie Ross Wills | Director | 78,000 | 0.39% | Sep 17, 2026 |
| Stacey Graham | Director | 10,900 | 0.05% | Sep 17, 2026 |
| Kourosh Nasser Zamanizadeh | Director | 15,477 | 0.08% | Sep 15, 2026 |
| Bradley Carlson | Director | 23,421 | 0.12% | Aug 20, 2026 |
| Jon Louis Girod | Director | 3,000 | 0.02% | Aug 5, 2026 |
| Larry Hoff | Director | 14,020 | 0.07% | May 7, 2026 |
| Patricia Eby | Director | 27,400 | 0.14% | May 23, 2025 |
| Investment Management Co Nierenberg | 10% owner | 79,388 | 0.40% | Jul 24, 2026 |
| Martin S. Friedman | 10% owner | 0 | – | Mar 14, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Breanne D. Antich Chief Technology Officer/EVP | Sep 24, 2026 | Tax withholding | −66 | $45.10 | $2.98K | 3,727 |
| Breanne D. Antich Chief Technology Officer/EVP | Sep 23, 2026 | Tax withholding | −97 | $44.82 | $4.35K | 3,793 |
| Nicole Sherman President/CEO, Director | Sep 17, 2026 | Buy | +1,765 | $5.69 | $10.04K | 166,482 |
| Charmaine Lightheart EVP/CRDEO | Sep 17, 2026 | Buy | +100 | $5.68 | $568 | 8,866 |
| Stacey Graham Director | Sep 16, 2026 | Buy | +1,750 | $5.70 | $9.98K | 10,900 |
| Bessie Ross Wills Director | Sep 15, 2026 | Buy | +2,000 | $5.59 | $11.18K | 50,000 |
| Kourosh Nasser Zamanizadeh Director | Sep 14, 2026 | Buy | +1,800 | $5.40 | $9.72K | 15,477 |
| Kourosh Nasser Zamanizadeh Director | Sep 14, 2026 | Buy | +1,800 | $5.36 | $9.65K | 13,677 |
| Robert Benke EVP/CCO | Aug 20, 2026 | Buy | +1,000 | $5.05 | $5.05K | 48,975 |
| Bradley Carlson Director | Aug 18, 2026 | Buy | +1,000 | $5.07 | $5.07K | 23,421 |
| David Lam EVP/CFO | Aug 17, 2026 | Buy | +1,000 | $5.17 | $5.17K | 76,011 |
| Charmaine Lightheart EVP/CRDEO | Aug 12, 2026 | Buy | +250 | $5.31 | $1.33K | 8,766 |
| Jon Louis Girod Director | Aug 3, 2026 | Buy | +1,000 | $5.41 | $5.41K | 3,000 |
| Jon Louis Girod Director | Jul 31, 2026 | Buy | +2,000 | $5.24 | $10.48K | 2,000 |
| Investment Management Co Nierenberg 10% owner | Jul 24, 2026 | Sale | −5,000 | $5.29 | $26.45K | 79,388 |
| Investment Management Co Nierenberg 10% owner | Jul 23, 2026 | Sale | −5,000 | $5.27 | $26.35K | 84,388 |
| Investment Management Co Nierenberg 10% owner | Jul 22, 2026 | Sale | −5,000 | $5.25 | $26.25K | 89,388 |
| Charmaine Lightheart EVP/CRDEO | Jun 1, 2026 | Buy | +150 | $5.54 | $831 | 8,516 |
| Charmaine Lightheart EVP/CRDEO | May 29, 2026 | Buy | +26 | $5.59 | $145 | 8,366 |
| Robert Benke EVP/CCO | May 8, 2026 | Buy | +4,000 | $5.44 | $21.76K | 47,984 |
| Nicole Sherman President/CEO, Director | May 7, 2026 | Buy | +1,800 | $5.49 | $9.88K | 164,717 |
| Larry Hoff Director | May 5, 2026 | Buy | +1,920 | $5.22 | $10.02K | 14,020 |
| Daniel D. Cox EVP/COO | May 4, 2026 | Buy | +1,000 | $5.22 | $5.22K | 70,008 |
| Charmaine Lightheart EVP/CRDEO | Mar 5, 2026 | Buy | +325 | $5.36 | $1.74K | 14,893 |
| Bessie Ross Wills Director | Feb 18, 2026 | Buy | +200 | $5.37 | $1.07K | 47,739 |
| Bessie Ross Wills Director | Feb 18, 2026 | Buy | +2,539 | $5.39 | $13.69K | 47,539 |
| Bessie Ross Wills Director | Feb 18, 2026 | Buy | +261 | $5.37 | $1.40K | 48,000 |
| Nicole Sherman President/CEO, Director | Dec 5, 2025 | Buy | +975 | $5.12 | $4.99K | 187,674 |
| Daniel D. Cox EVP/COO | Sep 19, 2025 | Award | +9,757 | – | – | 78,781 |
| Daniel D. Cox EVP/COO | Sep 19, 2025 | Award | +6,505 | – | – | 69,024 |
| Courtney Evan Sowers PRESIDENT/CEO - TRUST CO. | Sep 19, 2025 | Award | +10,194 | – | – | 33,948 |
| Courtney Evan Sowers PRESIDENT/CEO - TRUST CO. | Sep 19, 2025 | Award | +6,796 | – | – | 23,754 |
| Michael Sventek EVP/CLO | Sep 19, 2025 | Award | +2,400 | – | – | 12,817 |
| Michael Sventek EVP/CLO | Sep 19, 2025 | Award | +7,200 | – | – | 20,017 |
| David Lam EVP/CFO | Sep 19, 2025 | Award | +5,162 | – | – | 75,056 |
| David Lam EVP/CFO | Sep 19, 2025 | Award | +7,743 | – | – | 82,799 |
| Nicole Sherman President/CEO, Director | Sep 19, 2025 | Award | +24,757 | – | – | 186,699 |
| Nicole Sherman President/CEO, Director | Sep 19, 2025 | Award | +8,252 | – | – | 161,942 |
| Robert Benke EVP/CCO | Sep 19, 2025 | Award | +4,800 | – | – | 44,004 |
| Robert Benke EVP/CCO | Sep 19, 2025 | Award | +7,200 | – | – | 51,204 |
| Charmaine Lightheart EVP/CRDEO | Sep 19, 2025 | Award | +6,553 | – | – | 14,568 |
| Charmaine Lightheart EVP/CRDEO | Sep 19, 2025 | Award | +2,184 | – | – | 8,015 |
| David Lam EVP/CFO | Sep 12, 2025 | Buy | +1,000 | $4.93 | $4.93K | 72,134 |
| Nicole Sherman President/CEO, Director | Aug 26, 2025 | Buy | +1,475 | $5.04 | $7.43K | 161,991 |
| Bradley Carlson Director | Aug 18, 2025 | Buy | +1,000 | $4.97 | $4.97K | 22,421 |
| Charmaine Lightheart EVP/CRDEO | Aug 7, 2025 | Buy | +508 | $4.92 | $2.50K | 7,480 |
| Robert Benke EVP/CCO | Aug 4, 2025 | Buy | +4,000 | $4.85 | $19.40K | 41,287 |
| Bradley Carlson Director | Aug 4, 2025 | Buy | +1,000 | $4.82 | $4.82K | 21,421 |
| Courtney Evan Sowers PRESIDENT/CEO - TRUST CO. | Jun 11, 2025 | Buy | +196 | $5.44 | $1.07K | 19,666 |
| Daniel D. Cox EVP/COO | Jun 4, 2025 | Buy | +560 | $5.35 | $3.00K | 68,964 |
| Charmaine Lightheart EVP/CRDEO | Jun 3, 2025 | Buy | +433 | $5.43 | $2.35K | 6,972 |
| Charmaine Lightheart EVP/CRDEO | Jun 3, 2025 | Buy | +12 | $5.47 | $66 | 6,539 |
| Charmaine Lightheart EVP/CRDEO | May 30, 2025 | Buy | +53 | $5.58 | $296 | 6,527 |
| Patricia Eby Director | May 22, 2025 | Buy | +1,000 | $5.75 | $5.75K | 5,400 |
| Nicole Sherman President/CEO, Director | May 20, 2025 | Buy | +2,450 | $6.11 | $14.97K | 160,516 |
| Robert Benke EVP/CCO | May 19, 2025 | Buy | +4,000 | $6.10 | $24.40K | 42,091 |
| Larry Hoff Director | May 13, 2025 | Buy | +3,300 | $6.05 | $19.97K | 12,100 |
| Martin S. Friedman 10% owner | Mar 12, 2025 | Sale | −186,348 | $5.18 | $965.28K | 0 |
| Martin S. Friedman 10% owner | Feb 11, 2025 | Sale | −50,500 | $5.49 | $277.25K | 186,348 |
| Daniel D. Cox EVP/COO | Dec 30, 2024 | Award | +8,315 | – | – | 68,404 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.